So much for a December news slowdown. The last few days have been so chock-a-block with news from a host of unicorns, we’ve all fallen behind. This morning, The Exchange is going into summary mode to help us better understand the full scope of recent unicorn activity. Why unicorns? It would be fun to noodle […]
WhatsApp is finally upping its wallpapers and stickers game, delivering some much-awaited aesthetics updates to the popular app that more than 2 billion people use. The instant messaging service said on Tuesday that it will now allow users to set custom wallpapers for different chats in a bid to make it easier for users to […]
Facebook makes a billion-dollar acquisition, we learn more about Twitter’s Clubhouse-style feature and Moderna applies for emergency authorization for its COVID-19 vaccine. This is your Daily Crunch for November 30, 2020. The big story: Facebook acquires Kustomer for $1B Kustomer says it can give customer service teams better data and a more unified view of […]
Instagram is developing a new product, Frequently Asked Questions (FAQ), that will allow people to start conversations with businesses or creators’ accounts by tapping on a commonly asked question within a chat. Those who already have the feature available report they’re able to create up to four questions that can optionally be displayed at the […]
Facebook today is introducing a new feature that will allow users in the U.S. to collect food, clothing and other necessities for people in need. The feature, called “Drives,” is being made available through Facebook’s existing Community Help hub, which is the place where Facebook centralizes requests and offers for help within a local community. […]
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company offers mobile-based, no fee, P2P […]
Facebook’s battle against misinformation will never be over at this rate, but that doesn’t mean the company has given up. On the contrary it is only by dint of constant improvement to its automated systems that it is able to keep itself even remotely free of hate speech and misinformation. CTO Mike Schroepfer touted the […]
Facebook’s internal R&D group, NPE Team, has today officially launched its latest app, E.gg, to a broader audience. The app, a freeform creation tool described as a “digital zine creator” and “GIF collage bonanza,” was announced earlier this year, but was only onboarding users via a waitlist until now. Today, it’s available in the App […]
Facebook today is rolling out an updated version of its Messenger Kids app with the goal of making it easier for kids to interact with their friends and family, navigate the app and personalize their experience with features like custom chat bubble colors. The redesign also gives the kid-friendly app a look-and-feel that’s more like […]
Facebook and Instagram are running notifications in their respective apps informing U.S. users that the winner of the 2020 U.S. presidential election has not yet been determined. In large pop-ups appearing at the top of the Facebook and Instagram News Feeds, the notification states that “Votes Are Being Counted” and directs users to other in-app […]